Campanile Foundation
- Assets
- $517.7m
- Revenue
- $63.3m
- Investments
- $430.7m
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 02/2000
- Data as of
- 06/2022
- EIN
- 33-0868418
Organization Overview
Campanile Foundation is located in San Diego, CA. The organization was established in 2000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Campanile Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Campanile Foundation generated $63.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $36.9m during the year ending 06/2022. While expenses have increased by 3.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Campanile Foundation has awarded 35 individual grants totaling $182,197,919. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SAN DIEGO STATE UNIVERSITY WITH THE COMMUNITY EXPERTISE, OVERSIGHT, AND ADVOCACY TO INCREASE PRIVATE GIVING AND TO MANAGE THE PHILANTHROPIC ASSETS OF THE UNIVERSITY.
Describe the Organization's Program Activity:
CAMPUS PROGRAMS ADMINISTERED BY THE UNIVERSITYTHE CAMPANILE FOUNDATION RECEIVED FUNDS IN SUPPORT OF ACADEMIC AND ATHLETIC ACTIVITIES ADMINISTERED BY SAN DIEGO STATE UNIVERSITY. THE AMOUNT OF FUNDS GRANTED TO THE UNIVERSITY FOR THIS PURPOSE DURING THE YEAR REPORTED ON THIS RETURN WAS $15,589,677.
SUPPORT OF INDIVIDUAL COLLEGESTHE CAMPANILE FOUNDATION ADMINISTERS PROGRAMS THAT SUPPORT SUBSTANTIALLY ALL THE UNIVERSITY'S INDIVIDUAL COLLEGES. THE AMOUNT OF SUPPORT FOR EACH COLLEGE IS BASED ON THE WISHES OF INDIVIDUAL DONORS AND THE WISDOM OF THE UNIVERSITY'S ADMINISTRATION. THE AMOUNT OF SUPPORT TO THE COLLEGES DURING THE YEAR REPORTED ON THIS RETURN WAS $9,046,876.
STUDENT SCHOLARSHIPS ADMINISTERED BY THE UNIVERSITYTHE CAMPANILE FOUNDATION RECEIVED FUNDS IN SUPPORT OF SCHOLARSHIPS. SCHOLARSHIP PAYMENTS ARE ADMINISTERED BY THE UNIVERSITY'S OFFICE OF FINANCIAL AID AND SCHOLARSHIP (OFAS). THE OFAS ADMINISTERS THE UNIVERSITY SCHOLARSHIP PROGRAMS IN ACCORDANCE WITH THE POLICIES OF THE CALIFORNIA STATE UNIVERSITY SYSTEM, SAN DIEGO STATE UNIVERSITY, AND APPLICABLE FEDERAL LAW AND REGULATIONS, ALONG WITH THE RESTRICTIONS CONTAINED IN INDIVIDUAL DONOR AGREEMENTS. THE AMOUNT OF SCHOLARSHIPS AWARDED BY THE OFAS AND FUNDED BY THE CAMPANILE FOUNDATION WAS $5,784,835.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrienne Vargas President & CEO | OfficerTrustee | 10 | $0 |
Adela DE La Torre Sdsu Pres- Dir | OfficerTrustee | 4 | $0 |
David H Fuhriman CFO | Officer | 20 | $0 |
Anita Nottingham Corp Secretary | Officer | 30 | $0 |
Dan Gross Director | Trustee | 0.5 | $0 |
Rick Bregman Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Langley Innovations Consulting | 6/29/22 | $133,578 |
Meketa Fiduciary Management Consulting | 6/29/22 | $297,872 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $174,712 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,561,574 |
| Noncash contributions included in lines 1a–1f | $1,194,352 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,736,286 |
| Total Program Service Revenue | $0 |
| Investment income | $694,467 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$153,031 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $63,277,722 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,549,743 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $59,260 |
| Fees for services: Accounting | $53,898 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $297,872 |
| Fees for services: Other | $727,963 |
| Advertising and promotion | $346,318 |
| Office expenses | $5,109,248 |
| Information technology | $492,416 |
| Royalties | $0 |
| Occupancy | $164,166 |
| Travel | $2,044,286 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $770,725 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $36,911,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,411,229 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $51,408,752 |
| Accounts receivable, net | $2,535,950 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $430,746,187 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,604,675 |
| Total assets | $517,706,793 |
| Accounts payable and accrued expenses | $19,487,634 |
| Grants payable | $0 |
| Deferred revenue | $3,880,085 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $38,967,002 |
| Total liabilities | $62,334,721 |
| Net assets without donor restrictions | $6,514,872 |
| Net assets with donor restrictions | $448,857,200 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $517,706,793 |
Grants Awarded
Over the last fiscal year, Campanile Foundation has awarded $22,549,743 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SAN DIEGO STATE UNIVERSITY PURPOSE: General Support | $19,398,195 |
San Diego, CA PURPOSE: General Support | $3,134,191 |
Union Grove, WI PURPOSE: General Support | $10,000 |
Tulsa, OK PURPOSE: General Support | $7,357 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Campanile Foundation has recieved totaling $180,000.
| Awarding Organization | Amount |
|---|---|
Roslyn & Joseph Baim Family Foundation Tr 101691 Calabasas, CA PURPOSE: DONATION TO WORTHY CHARITY | $150,000 |
Bergelectric Charitable Foundation Carlsbad, CA PURPOSE: CHARITABLE | $20,000 |
Elizabeth M Webster & Maricich-Paen Family Foundation Hailey, ID PURPOSE: GENERAL | $10,000 |
Endowment Analysis
| Beg. Balance | $399,709,864 |
| Earnings | -$31,496,131 |
| Admin Expense | $5,136,416 |
| Net Contributions | $32,990,987 |
| Other Expense | $10,403,444 |
| Grants | $4,768,933 |
| Ending Balance | $380,895,927 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Enterprises Inc Sacramento, CA | $150,298,368 | $99,291,560 |
University Of California Irvine Foundation Irvine, CA | $884,006,067 | $143,548,070 |
U C San Diego Foundation La Jolla, CA | $1,658,962,820 | $199,905,173 |
California State University Fresno Foundation Fresno, CA | $305,581,286 | $82,049,002 |
University Of Hawaii Foundation Honolulu, HI | $548,406,506 | $76,733,850 |
University Corporation At Monterey Bay Seaside, CA | $199,917,843 | $49,155,763 |
San Jose State University Research Foundation San Jose, CA | $57,091,451 | $53,661,013 |
University Of Nevada-Reno Foundation Reno, NV | $310,760,494 | $35,673,494 |
The U C Davis Foundation Davis, CA | $716,342,130 | $110,976,640 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |